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Porto Energy Corp ( CVE:PEC ) (PINK:PNRXF) spiked up randomly promising a hard fall in price over the next session unless the company steps up to clarify the situation with some unexpected news.
PEC traders are looking for an explanation on the most recent price run and IIROC might want to hear it from the management as well. Strangely enough, the stock trading has not been halted and should start trading with the opening of Friday's session.
What traders are most afraid of is the...read more

Porto Energy Corp ( CVE:PEC ) (PINK:PNRXF) stayed flat during Thursday's session despite an early attempt to challenge the bounds of its trading channel. The volume went down again, ignoring the small spike up from the day before. PEC remains in a close range consolidation since it lost ground in the beginning of December, but this could also provide some playgrounds for swing traders.
In their latest news, on December 14 the company announced to have granted options for purchase of...read more